Keep an eye on Hindustan Petrol. Expected momentum is in upward direction.
.
Reason to Buy:
1) Forming a triangle pattern
2) Taking support on weekly as well as daily trend line.
3) Formation of 'W-Pattern' (wait for neck line break)
.
Stop-loss must be below the previous immediate swing. RR ratio must be calculated and traded accordingly.
.
Reason to Buy:
1) Forming a triangle pattern
2) Taking support on weekly as well as daily trend line.
3) Formation of 'W-Pattern' (wait for neck line break)
.
Stop-loss must be below the previous immediate swing. RR ratio must be calculated and traded accordingly.
Operación activa:
Investing half quantity at 197.65 rest above 200.65
Operación activa:
Moving as expected
Comentarios:
Market sentiment is negative. It is going against my analysis I am not going to trade this breakout.
Operación activa:
Partial Quantity inn @ 200 levels.
Ideas relacionadas
M&M: Analysis
Umang_Sharma
about M_M